CT > Waterbury
Waterbury, CT 06702,473 East Main Street
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Waterbury, CT 06702,473 East Main Street
Waterbury, CT 06702,473 East Main Street
Waterbury, CT 06702,473 East Main Street
Waterbury, CT 06702,473 East Main Street
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Michael Wrabel

Michael Wrabel

+1(860) 985-5456
$ 1,100,000
Est. payment /mo
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473 East Main Street Waterbury, CT 06702

15 Baths

9,384 SqFt

UPDATED:

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 9,384 sqft

Price per Sqft $117

MLS Listing ID 24105995

Full Baths 15

Year Built 1932

Annual Tax Amount $27,527

Lot Size 5,227 Sqft

Property Description

Great investment property in Downtown Waterbury with 9% CAP rate. The building features a first floor commercial space with roughly 3,100 SF. There are 15 apartments above with a unit mix of 12 studios, (2) 1 bed and (1) 2 bed unit. The utilities are all owner paid - electric heat & hot water. There is no laundry in the building, no yard and on-street parking only making this asset minimal maintenance and low expenses. Most of the units are renovated with new flooring, fixtures, paint, kitchens and bath rooms. Rents are below market giving the buyer an opportunity for increased cash flow. Great downtown location is close to the Waterbury Green, public transportation, the mall, highway access, UCONN Waterbury and more.

Location

State CT

County New Haven

Zoning CG

Interior

Interior Features Window Display

Heating Baseboard

Cooling Window Unit

Flooring Vinyl, Wood

Exterior

Exterior Feature Sidewalk, Roof Sign, Awnings, Lighting

Utilities Available Electric, Phone Available, Cable Available

Roof Type Flat

Building

Lot Description Corner Lot, Level Lot

Story 3

Foundation Masonry, Stone

Sewer Public Sewer Connected

Water Public Water Connected

Listed by Amanda Faroni-Sheehan • Oxford Realty
agent

Michael Wrabel

Broker | License ID: REB.0789526

+1(860) 985-5456

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